Wendell David Associates Inc Q1 2023 vs. Q2 2023 13F Holdings Comparison

The first quarter of 2023 saw some interesting changes in the holdings of Wendell David Associates Inc, a prominent investment firm. As the second quarter of 2023 came to an end, it became apparent that some of their holdings had undergone significant shifts. In this article, we will analyze the changes in the company's holdings, looking at the top gainers and losers during this period.

Apple (AAPL), one of the largest tech companies in the world, retained its position as the top holding for Wendell David Associates Inc in both quarters. However, its share count decreased slightly from 318,290 in Q1 to 314,369 in Q2. Despite the decrease, the value of the shares increased from $52,486,000 to $60,978,000, representing a 16.2% change.

Another major holding, Mastercard (MA), also remained steady during this period. Although the share count decreased from 129,084 in Q1 to 128,014 in Q2, the value of the shares increased from $46,910,000 to $50,348,000, resulting in a 7.3% gain.

Microsoft (MSFT), one of the most valuable companies globally, recorded a negligible change in share count, with 136,271 shares in Q1 and 136,160 shares in Q2. However, the value of the shares increased significantly from $39,287,000 to $46,368,000, indicating an 18% growth.

Automatic Data Processing (ADP), a leading provider of human resources solutions, experienced a slight decrease in share count. While the share count dropped from 187,014 in Q1 to 186,796 in Q2, the value of the shares also declined slightly from $41,635,000 to $41,056,000, resulting in a 1.4% decrease.

Stryker (SYK), a medical technology company, also saw a minor decrease in share count from 125,282 in Q1 to 125,145 in Q2. However, the value of the shares increased from $35,764,000 to $38,180,000, indicating a 6.8% growth.

TJX Companies (TJX), the parent company of popular retail stores such as TJ Maxx and Marshalls, experienced a slight decrease in share count from 410,569 in Q1 to 408,951 in Q2. Nonetheless, the value of the shares increased from $32,172,000 to $34,675,000, representing a 7.8% gain.

Abbott Labs (ABT), a global healthcare company, recorded a marginal decrease in share count from 222,121 in Q1 to 221,476 in Q2. The value of the shares, however, increased from $22,492,000 to $24,145,000, resulting in a 7.3% growth.

McDonald's (MCD), a renowned fast-food chain, maintained a relatively stable share count of 77,041 in both quarters. The value of the shares increased from $21,541,000 to $22,976,000, indicating a 6.7% gain.

Fiserv (FISV), a leading provider of financial services technology, witnessed a decrease in share count from 175,184 in Q1 to 172,574 in Q2. However, the value of the shares increased from $19,801,000 to $21,770,000, representing a 9.9% growth.

NIKE 'B' (NKE), a well-known sports apparel and footwear company, experienced a decline in both share count and value. The share count decreased from 188,761 in Q1 to 187,421 in Q2, while the value of the shares dropped from $23,150,000 to $20,686,000, resulting in a 10.6% decrease.

Overall, the first and second quarters of 2023 brought about some interesting changes in the holdings of Wendell David Associates Inc. While some holdings experienced significant gains, others faced minor losses. It is crucial for investors to track these changes to stay informed about the latest trends in the market.